Satellite Payloads Market to See Fastest Growth by 2026
iCrowd Newswire
According to the new market research report
Satellite Payloads Market by Type (Communication, Imagery, Software-defined Payload, Navigation), Satellite (CubeSat, Small Satellite, Medium Satellite, Large Satellite), Orbit, Application, End User, Frequency, and Region – Forecasts to 2026 , published by MarketsandMarkets™, the Satellite Payloads Market is estimated at USD 3.7 Billion in 2021 and is projected to reach USD 11.3 Billion by 2026, at a CAGR of 24.8% from 2021 to 2026. Growing investments by several governments particularly in developed and developing economies such as the US, India, and China, among others. The satellite payloads are used for several applications, including communication, earth observation and remote sensing, mapping and navigation, scientific research and exploration, surveillance and security, space observation, and various other applications by defense, intelligence, civil,
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